Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-09-15
II BEEF POOL.
Stock Raisers Of the West
Form a Big Organ'za-
ton.
Middfemen VIII Have 10 go---What
Profits There is in the Sale of
Cattle the Producers Want.

DENVER, Colo, sept. Ia meeting
Of representative cattlemen from the
range country was held at the Windsor
hotel TO form the American beef pool, the
purpose of which is to bring the price Of
beef cattle on the ranges ~ess se the
feeding districts more nearly to the level
of prices Of dressed beef in the east, to
increase profits to the producer, and to do
away with middlemen. A. S. Mercer of
Wyoming was chosen chairman and G..
L. Books of New Mexico secret airy.
Mr.. Meyer then stated the objects of
the meeting and then read a report of his
conference with Armour & Co. of Chi
cago, which was had at the request of the
Colorado Cattle Growers association,
substantially as follows: Armour & Co.
have signed a contract with the pool to
kill their cattle and give them all there Is
in them, less reasonable commission,
and aid in extending their market facili-
ties. Armour further agrees to slaughter
their cattle for 81. 90 per head, giving the
shipper the entire proceeds of the ami
NAL, less freight and selling commission
OH dressed beef in the east. The follow
ing resolutions were presented and ad-
opted:
Resolved, That incorporation papers be
taken out under the laws of the state of
Colorado establishing an association of
beef producers for mutual benefit in
handling and disposing of beef cattle
after shipment from the points of pro-
duction; that the name of the association
shall be the American Beef Pool; that it
shall issue no capital stock, declare no.
dividends, and seek for no profit as an
organizations: that the object shall be
only To accomplish through organized
effort and united action an increase of
net value upon beef products. 1t MEM
bership and its affairs shall be wholly
governed by the directors, through a
management composed of a president,
ylce-president, secretary and superin-
tendent, to be elected or appointed by
the board of directors according to the
bylaws of the association; that any per-
son to be eligible for membership must
be a producer and shipper of beef; that
there shall be no membership fees or an
snual dues; that the only charge to mem
bers for the support of the organization
shall be15o cents per head upon all beef
cattle shipped to or through it. All sal
aries, rents, and expenses of whatever
nature incurred by the management must
be paid from the charge of 90 cents per
head and should any surplus accumulate
after paying the expenses and commits
sion it shall be returned at stated inter-
walls to the shippers In such manner as
may be prescribed by the b BYLAWS; that
the DO; r of directors shall be composed
wholly OF producers of beef cattle; that
each and every person on becoming a
member of this association of beef pro-
ducers agrees to market all his beef pro-
duct except such $ may he in demand
for home consumption through this or
ganizat1on SO long as he may be a mem
Der OF the same; that zach member NAV
Withdraw from the association at any
time by first giving It's secretary thirty
days. notice of his intention to do so.
thatsthe principal place of business shall
be Kansas City, Mo-, with branch Offices
wherever the board of directors NAV
deem 1t necessary to establish the same:
that the one purpose in forming this as
ISOLATION is to enable the beef producers
to be in a position to act as a body cor
porate In closing their contract with
Messrs, Armour & Co., a firm doing a
Strengthening and dressed beef business
as nearly in accordance with the PROPOSE.
ton as outlined by said Arm under date
Aug. y, 1887, as the representative and
acting for the Colorado Cattle Growers,
association as may be consistent with the
interests of the members of the associa-
ton. That while all cattle after shin.
ment by the members of the association
shall be under the control Of the associa-
ton, nevertheless they are to remain the
individual property OF the shipper and ali
proceeds arising from the sale thereof
less 90 cents per head shall be paid by
the purchasing party directly to the
order of the shipper.
The meeting proceeded to the election
OF officers. as follows: President, ANDY
J. Snyder, Kansas City; Vice-Presidenf.
George i. Brooks, New Mexico; Secre.
iary, j. d. Warner, New Mexico; Treas.
urer, Fl. S. Metcalf, Denver. The board
OF directors is to be made up of men from
all parts Of the range and feeding coun-
tries. Those already chosen are Mai.
Gently OF Missouri; Andy Snyder, Kansas
City; A. Dunn, Indian Territory: q. N.
somer and A. H. Nelson, Texas; George
L. Brooks, New Mexico; and II. s. Met
calf and GeorgeL Benkelman, Colorado.
Others will be added as occasion arises
representing the sections covered by the
association. Active work will at once be
begun, and the shipments are expected
to be begun at an early day.
Has Discovered n Naxv FypIos;uo